• Contact Us
  • About Us
Saturday, October 31, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Reps probes MDAs’ expenditure on IT

metro by metro
July 5, 2018
in News
0
Senate
0
SHARES
0
VIEWS

SenateThe House of Representatives on Thursday mandated its Committee on Public Accounts and its Finance counterpart to investigate Ministries, Departments and Agencies (MDAs) expenditure on Information Technology (IT).

This was sequel to a unanimous adoption of a motion by Rep. Iboro Ekanem (PDP-Cross River) at plenary.

Read Also

Fed Officials Make Case For Rate Hikes Amid Ongoing Inflation Concerns

Polish President Turns Back From Senegal Trip As Top Court Chief Suspended

US SEC’s Top Cop Says Agency Is Monitoring AI Corporate Disclosures

Moving the motion earlier, Ekanem said that the National Information Technology Development Agency (NITDA) reported that MDAs spent about two billion dollars on IT projects annually.

He said that the huge expenditure was without commensurate results in the activities of MDAs.

The lawmaker said that it had also been reported that the demand for public funds to pursue IT projects had become a means to siphon public funds by corrupt individuals.

He said that a recent investigation carried out by NITDA showed that many IT projects were riddled with poor conceptualization and without clear sustainability plans.

He said that such situation of led to duplication of projects, waste, redundancies and a conduit pipe to siphon public funds.

Ekanem alleged that the nation’s financial resources were being hoarded to the benefit of a few individuals, thereby damaging the economy and reputation of the country.

According to him, if no attention is given to this matter, it may pave way for corrupt practices to increase among MDAs, using lCT platform as a ground for official theft, breach of trust and misappropriations.

In his remarks, the Speaker of the house, Mr Yakubu Dogara, mandated the committees to report back within four weeks for further legislative action.

Tags: Reps probes MDAs’ expenditure
Previous Post

Corruption: Buhari signs executive order on suspicious assets

Next Post

Lagos Customs Command generates N12.6 billion in 6 months

Related Posts

US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
Economy

Fed Officials Make Case For Rate Hikes Amid Ongoing Inflation Concerns

October 31, 2026
Polish President Turns Back From Senegal Trip As Top Court Chief Suspended
News

Polish President Turns Back From Senegal Trip As Top Court Chief Suspended

October 31, 2026
US SEC’s Top Cop Says Agency Is Monitoring AI Corporate Disclosures
News

US SEC’s Top Cop Says Agency Is Monitoring AI Corporate Disclosures

October 31, 2026
Labour’s ‘House Of Commotion’ As Ajaero, Osifo At Loggerheads Over ‘Negotiated’ N70,000 Allowance
News

Labour’s ‘House Of Commotion’ As Ajaero, Osifo At Loggerheads Over ‘Negotiated’ N70,000 Allowance

October 31, 2026
Next Post

Lagos Customs Command generates N12.6 billion in 6 months

France Braces For Fresh Unrest, Government Vows Tough Response

France Braces For Fresh Unrest, Government Vows Tough Response

October 31, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme

Fed Officials Make Case For Rate Hikes Amid Ongoing Inflation Concerns

October 31, 2026
Polish President Turns Back From Senegal Trip As Top Court Chief Suspended

Polish President Turns Back From Senegal Trip As Top Court Chief Suspended

October 31, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version